The Block— The SEC sued Kraken parent firms, Payward and Payward Ventures, for allegedly operating as an unregistered online trading platform.
Fortune—SEC alleges in new lawsuit that Kraken failed to register and commingled customers’ funds. Kraken settled with the SEC earlier this year over its crypto staking business.
Bitcoinist.com—BREAKING: Kraken Exchange Under Siege, SEC Files Lawsuit. In the US Securities and Exchange Commission’s (SEC) ongoing regulatory crackdown, regulators have turned their attention to US-based crypto exchange Kraken. According to recent reports, the SEC has filed a lawsuit against the exchange, accusing it of operating an unregistered trading platform for cryptocurrency assets. The complaint alleges that Kraken has generated substantial fees and […]
Marketwatch—SEC charges crypto platform Kraken with operating as an unregistered exchange. By Ben Glickman The Securities and Exchange Commission charged cryptocurrency trading platform Kraken with operating as an unregistered securities exchange.